With Zorro Pay, withdrawals for employee premiums occur monthly, on the 20th of each month (or 1–2 days earlier if the 20th falls on a weekend or holiday).
The pull will be in the amount of employees' next month’s premiums, minus any remaining funds from the prior month, or plus any replenishment amounts from the reserve.
You will receive two notices about this pull: the first one will arrive 7 days in advance, around the 13th of the month, and the second on the day of the pull.
The amounts listed in each of these notices may be different, because the state of your employees’ enrollments may have changed. The draw always reflects the most up-to-date information Zorro has about employees who will be enrolled the following month. If an employee finalizes their enrollment, or a termination is recorded, between the 13th and 20th, you may see different amounts on these two dates.
Please refer to the screenshot below for an example of these emails.